Prakash Industries Sees Notable Stock Surge Amid Broader Market Trends

Jan 15 2025 12:30 PM IST
share
Share Via
Prakash Industries, a small-cap company in the steel sector, experienced significant trading activity on January 15, 2025, with a notable increase in its stock price. Despite recent gains, the company has faced challenges over the past month, reflecting broader market trends that may warrant investor attention.
Prakash Industries, a small-cap player in the steel, sponge iron, and pig iron sector, has shown significant activity today, with a notable increase of 7.28% on January 15, 2025. This performance stands out against the broader market, as the Sensex only rose by 0.30% on the same day. Over the past two days, Prakash Industries has achieved a total return of 12.52%.

During today's trading session, the stock reached an intraday high of Rs 163.15, marking a 6.08% increase. Currently, the stock is positioned above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages.

Despite this recent surge, Prakash Industries has faced challenges over the past month, experiencing a decline of 5.71%, while the Sensex saw a slightly larger drop of 6.58%. The stock's recent performance reflects underlying trends that investors may want to monitor closely.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News